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To: Tolerance Sucks Rocks

Another red flag is his static approach to the debt. There’s a clear indication that higher taxes would reduce the debt whereas no extra revenue would be generated by economic growth.


10 posted on 01/20/2020 10:45:34 AM PST by Bogle
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To: Bogle

States were watching what happened in 2008.

Go to the US Congress with a sufficiently butt-puckering Chicken Little tale of impending doom and terror and you WILL receive a bailout.

No matter how many people don’t want them to.

We’ll just crank the printing presses up from 11 to 12 and go on as usual. The rest of the world will shrug and go along. They’ll have little choice.


12 posted on 01/20/2020 10:48:39 AM PST by Buckeye McFrog (Patrick Henry would have been an anti-vaxxer)
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To: Bogle

Yes, that’s what it seems like here. Rather odd for a libertarian author to be using a static interpretation. You would think that he would be all-in for dynamic forecasting.


13 posted on 01/20/2020 10:48:41 AM PST by Tolerance Sucks Rocks (Show me the people who own the land, the guns and the money, and I'll show you the people in charge.)
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